Tag: Chinese Economy
China’s Spending Boost and Cancer Treatment: SCMP Daily Highlights
China's Spending Boost and Cancer Treatment: SCMP Daily HighlightsToday, let's dive into some of the most significant stories coming out of China as reported by SCMP. If you're hungry for more in-depth coverage, don't...
China’s Innovation Drive Amid US Spending Cuts: SCMP Daily Highlights
China and US Clash in Innovation Drive: A Tale of Two EconomiesOn a fateful Wednesday, two powerhouse nations stood at the crossroads of economic policy—China and the United States. Chinese Premier Li Qiang made...
China’s Top Economic Agenda at ‘Two Sessions’ Explained
China's Top Economic Agenda at 'Two Sessions' ExplainedChina’s top policymakers are gearing up for the annual “two sessions” in Beijing this week, marking the country’s most significant political event of the year. The National...
China’s PMI Data Shows Positive Growth in February
China's manufacturing sector has shown signs of positive growth in February, with the purchasing managers' index (PMI) hitting a three-month high of 50.2. This marks a significant improvement from January's figure of 49.1 and...
Impact of AI and Chips on Consumer Firms: Hurun China 500
In Hurun China's latest ranking of the country's 500 most valuable private companies, the impact of semiconductors and artificial intelligence (AI) was unmistakable. While these sectors continued to dominate the list, the consumer goods...
Xi Jinping’s Speech on Private Sector Resonates in Chinese Media
President Xi Jinping's recent speech at a symposium for China's top entrepreneurs has sparked a wave of support for the private sector across the country. The People's Daily, a prominent state media outlet, echoed...
AI-driven Economic Revival: Debunking ‘Peak China’ Myth
In recent years, a prevailing narrative has circulated suggesting that China has reached its economic peak, casting doubt on the country's ability to surpass the United States and labeling it as "uninvestible." However, the...
China’s Global Dominance Revealed by DeepSeek: Deutsche Bank
Deutsche Bank recently made a bold statement that shook the financial world to its core, declaring the emergence of DeepSeek, an artificial intelligence technology, as China's "Sputnik moment." This comparison to the Soviet Union's...
China’s Economic Policy Reevaluation: What to Expect This Week
In China, political ideas can shift over time. Back in 1978, there was a significant change in China's political landscape. After the death of Chairman Mao Zedong, the Communist Party was able to recognize...